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Housing prices jumped nearly 20% from 2021 to 2023

Housing demand in top eight cities in India has led to a 20% rise in home prices over the last two years. This can be attributed to favourable interest rate cycles, positive economic outlook, and growing confidence among home buyers. Bengaluru, Delhi NCR, and Kolkata have witnessed an unprecedented surge in average housing prices. ....

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Housing prices continue to rise across key Indian cities led by robust sales

As the interest rates are now expected to have peaked, a pause in the rising repo rate paired with healthy domestic economic outlook is expected to keep the market sentiment upbeat, the joint report said. Among the key property markets, Delhi-NCR saw the highest increase in residential prices at 16% from a year ago, followed by Kolkata and Bengaluru with 15% and 14% increase, respectively. ....

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